Hi, thanks for your question. You should hire a lawyer for specific legal advice. No attorney client relationship is created here.
what is your question about bankruptcy? Thanks
hi,i am from state Tennesseei have bank levy garnishment on my bank account. the bank sent me a mail saying my fund held as required by law.i had a judgment five years ago. what shall i do either any exemption in tn i can file in court.?
is there any exemption in tn?
So, for the hearing, you can use your exemptions. Here is a list of TN exemptions for you. http://www.bankruptcyinformation.com/tn_exemp.htm
You would use your "Wildcard" exemption.
Bankruptcy will stop this proceeding, since the debt would usually be discharged in the bankruptcy case if you are considering filing. The bank will lift the levy once you go to court to apply your exemption. If you have more in the account than your exemption, then they can keep that for the creditor however.
Thanks for your question, good luck.
sorry i couldn't see your respond until now. how do i do that and what is the requirement to apply for exemption ?
so please help me understand how it work. here is the history of this debt.
1) i had judgment on 30/1/2007 from
2) i filed for exemption on before the judjment become final on
Unfortunately, this forum prohibits giving you specific legal advice - and applying exemptions falls into that category. You should meet with a local attorney to review how to use your exemptions.
sorry let me make it clear for u. i had judgment on 1/30/2007. i filed for exemption on 1/23/2007. i got bank levy garnishment on 10/17/2011.so do u think based on i sent you the above law do u think i can modified it? or ask for exemption? since they already levy on my account. i am worry they may tell me it is too late since they already freeze the money.let say i am qualified for exemption is there any other reason the judge may refuse to honer my exemption? i had only 6500.in by bank . i don't have car, furniture, i don't have any property, other than 6500 dollar. i save this money to use for my health cause i have some medical problem.i don't want to be home less. please see the above article i sent u TCA 26-2-114 will that stop me from exemption? thank u
do you have any other bankruptcy questions?
you can always try to request your exemption, sure
you need to appear at the court hearing to ask the court to allow you your exemption
if you have any other questions, let me know
i am here waiting ur respond
do you have any other questions?
You can use your exemption to protect the assets. bring your bank acct info to court along with the exemption citation you wish to use.
The court will then rule as to if it will be allowed.
are you there?
if you have any more questions, let me know
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